Trump withdraws from Trans Pacific Partnership

Washington: President Donald Trump cancelled an agreement for a sweeping trade deal with Asia as one of his first official White House actions. After meeting with business executives to discuss the U.S. manufacturing industry, Trump headed to the Oval Office to sign an executive order formally ending the United States' participation in the Trans Pacific Partnership. The move was largely symbolic -- the deal was unlikely to make it through Congress -- but served to signal that Trump's tough talk on trade during the campaign will carry over to his new administration. That could point to contentious negotiations over the North American Free Trade Agreement down the road.

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